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Speaker 1: News when you wanted with Bloomberg News Now, I'm Doug Krisner.

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Speaker 1: The US and its allies are working to head off

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Speaker 1: a wider regional war after the killing of a top

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Speaker 1: Hamas leader in Tehran. Bloomberg's Nancy Lyons has more from Washington.

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Speaker 2: Secretary of State Anthony B. Lincoln says he's been speaking

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Speaker 2: with leaders from Cutter and Egypt, the two countries who've

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Speaker 2: been helping lead negotiations for a ceasefire. It is a

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Speaker 2: critical moment.

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Speaker 3: We are engaged in intense diflomacy pretty much round the clock.

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Speaker 2: With a very simple message. All parties must refrain from escalation.

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Speaker 2: Iran has said it wants to avoid an all out war,

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Speaker 2: but needs to create deterrence against Israel. Israel says its

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Speaker 2: forces are on a hair trigger alert to carry out

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Speaker 2: defensive and offensive missions. In Washington, Nancy Lyons Bloomberg Radio.

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Speaker 1: Vice president Kamala Harris is expected to announce her choice

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Speaker 1: for a running mate Tuesday morning. That story from Bloomberg's

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Speaker 1: Ed Baxter.

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Speaker 3: Campaign says the two of them will start campaigning jointly

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Speaker 3: today in Pennsylvania. Media reports say it's down to Josh

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Speaker 3: Shapiro and Tim Walls, but it won't be officially over

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Speaker 3: until either Harris or her campaign does the unveiling. Now,

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Speaker 3: the party leaders will be happy to have it over

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Speaker 3: because in recent days the frenzy of different factions wanting

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Speaker 3: different things have pointed to internal fishers within the party

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Speaker 3: at a time that it is trying to fully coalesce

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Speaker 3: around Harris and her ticket. Sources say she's relied on

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Speaker 3: input from a small group of formal and informal advisors

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Speaker 3: and has counseled with former President Barack Obama at Baxter

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Speaker 3: Bloomberg Radio.

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Speaker 1: In Venezuela, prosecutors have opened a criminal investigation into opposition

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Speaker 1: leaders Maria Corina Machado and Edmundo Gonzalez. Prosecutors say these

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Speaker 1: two leaders called on military and police officers to side

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Speaker 1: with the people and break the law. Demonstrations broke out

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Speaker 1: on July twenty ninth, when Nicholas Maduro declared he'd won

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Speaker 1: a third six year term, but the opposition released detailed

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Speaker 1: results indicating Gonzales took nearly seventy percent of the vote,

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Speaker 1: nearly twice Maduro share. The recent selloff in global stocks

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Speaker 1: is being blamed in part by a jump in the

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Speaker 1: US unemployment rate at four point three percent. It triggered

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Speaker 1: the recession indicator known as the Psalm rule. However, the

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Speaker 1: former Fed economist behind it, Claudia Sam, says it doesn't

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Speaker 1: have to be a self fulfilling prophecy. If we look

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Speaker 1: at all of what we know about the US economy

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Speaker 1: right now, it is very unlikely that we are in

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Speaker 1: a recession.

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Speaker 4: And yet a really important question is where are we headed.

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Speaker 2: And those changes in the unemployment rate that the samrule

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Speaker 2: picks up on, they do not look encouraging.

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Speaker 1: They're headed in the wrong direction, and that momentum is what.

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Speaker 2: Can get us in trouble.

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Speaker 1: Claudia Sam is now a chief economist at New Century Advisors.

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Speaker 1: She went on to predict that central bankers may need

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Speaker 1: to recalibrate their approach to account for risk. Google parent

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Speaker 1: Alphabet has lost an antitrust lawsuit filed by the Department

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Speaker 1: of Justice over Google's search business. The story from Bloomberg's

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Speaker 1: Charlie Pellett.

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Speaker 5: A federal judge in Washington ruled that Google's payments to

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Speaker 5: make its search engine the default option on smartphone web

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Speaker 5: browsers violates US anti trust law. Jud Jahmtmetas said the

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Speaker 5: alphabet units twenty six billion dollars in payments effectively blocked

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Speaker 5: any other competitor from succeeding in the market. Anti trust

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Speaker 5: enforcers alleged that Google has illegally maintained a monopoly over

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Speaker 5: online search and related advertising in New York. Charlie Pellett

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Speaker 5: Bloomberg Radio.

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Speaker 1: Dell Technologies is cutting jobs as part of a reorganization.

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Speaker 1: These changes will affect sales teams. Dell is renewing a

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Speaker 1: focus on AI, and the changes in how data center

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Speaker 1: sales are approached will be among the shifts. Dell has

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Speaker 1: seen lately a lot more interest over the past year

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Speaker 1: in its high powered servers that can run AI workloads,

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Speaker 1: and the troubled EV maker Lucid Group will be getting

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Speaker 1: a cash and fusion of as much as one and

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Speaker 1: a half billion dollars. It will come from an affiliate

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Speaker 1: of Saudi Arabia's public Investment Fund. Earlier today, Hurricane Debbi

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Speaker 1: made landfall in Florida's Big Bend, bringing heavy rains and

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Speaker 1: wind to the region. In response, Florida Governor Ron de

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Speaker 1: Santis activated the state's emergency response.

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Speaker 4: We also have f dot cru stage to inspect coastal

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Speaker 4: bridges and will be monitoring water levels at low lying

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Speaker 4: bridges near major river crossings, particularly in the northern part

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Speaker 4: of Florida. There's going to be a lot of water

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Speaker 4: that's going to be dumped throughout the state and we're

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Speaker 4: going to see effects of that, not just today but

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Speaker 4: in the ensuing days.

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Speaker 1: Debbie passed through with maximum sustained winds of roughly eighty

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Speaker 1: miles per hour. We're keeping track of the metal count

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Speaker 1: at the Paris Summer Games. The US has the lead

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Speaker 1: with seventy nine medals, China next with fifty three, France

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Speaker 1: has forty eight, and Great Britain with forty two. That

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Speaker 1: is news when you want it with Bloomberg News. Now,

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Speaker 1: I'm Doug Prisoner and this is Bloomberg